Trump reduces taxes on cheap imports from China

From May 14Hong Kong and China’s beams, which are valued at $ 800, are subject to a tariff of 54 percent-a decrease from 120 percent-or flat fees per $ 100, which have not changed. Export companies reserve the ability to determine whether they want to impose taxes on their goods at a fixed rate or percentage. Previous plans to double the flat price were canceled to $ 1 from June 1.

The tax on goods, which is less than $ 800, is an attempt to counter the effects of the previous exemption “De Minimis”, which allowed the cheapest parcels to avoid import taxes and duties. Donald Trump Plans announced for the first time With a rate of 30 percent on the minimum goods, with a fixed fee of $ 25, which was later Three times And then Again. The latest rates are still much higher than those listed in the first definition package.

Companies like Timo and Shane It flourished thanks to the ability to charge the goods directly to the consumers exempt from taxes, and even low prices will remain a threat to their business models. Both companies recently Their prices were raised to consumers In response to high definitions.